Friday, February 25, 2011
For first home loans Sardinia is a reduction of bank rate of interest for 26 twice a year to twenty-five and thirty-year mortgages for the 20 half-year and fifteen-twenty years
mortgages for 14 or twice a year to ten-year loans . Income are calculated on the basis of the reductions: 50% for annual incomes up to € 24,465, 30% for annual incomes exceeding € 24,465 and up to € 40,775. The program provides discounts of 50% for applicants with annual incomes exceeding € 24,465 and recovery work with recovery and purchase of property located in areas classified as "A" by the local planning instrument. Finally the rate of 50% for recipients of annual income up to € 40,775 for first home mortgages entered into by young couples. In order to make a request of Sardinia
soft loan, for 'young couple' is considered a married couple who have no more than three years preceding the application submitted to the Region, or intend to marry within a year from the date of application. The provides financing the provision of a loan with a maximum of 120 000 € by one of the affiliated institutions: Banco di Sardegna, Banca di Sassari, Sardinia Credit Bank, Bank UGF at a rate not exceeding 80% of the total eligible expenditure. This roof can reach 100% in case of collateral provided by the borrower. Information and details at the official website of Sardinia
http://www.mutui.com
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